Bus 660 topic 5 - Study guides, Class notes & Summaries

BUS 660 Topic 5 DQ 1, DQ 2

BUS 660 Topic 5 DQ 2

BUS 660 Topic 5 DQ 1

Bus 660Topic 5 DQ 2: DQ 2: Solving shortest-route problems enables a business organization to use their resources more efficiently and minimize expenditures, thereby increasing overall production and profit. Consider the business or industry in which you work. What is a process that could be improved by the application of a shortest route linear programming model? How would this model improve production, profit, and/or efficiency?

Bus 660Topic 5 DQ 1: DQ 1: Models that pertain to the distribution of a resource within supply chains are often referred to as networks. Distribution among these networks is key to the success of a business while also keeping cost production at a minimum. Discuss at least three ways that linear optimization models can be applied to both physical as well as abstract network problems to increase efficiency in supply chain management.

BUS 660 Topic 5 DQ 1, DQ 2

BUS 660 Topic 5 DQ 2

BUS 660 Topic 5 DQ 1

BUS 660 Topic 7 Assignment completed with correct Answers Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repair operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 ma...